Intacct and RAFFA Forge Strategic Partnership

Top 100 Accounting Firm Taps Intacct to Help Grow Business Serving Non-Profits and Professional Services Organizations

SAN JOSE, CA - May 19, 2011 - Intacct, a leader in cloud financial management and accounting software, today announced a strategic partnership with RAFFA, P.C., a CPA and consulting firm nationally recognized for its work with non-profit organizations, professional service firms and government contractors. A gold -certified Microsoft Dynamics VAR for many years, RAFFA has seen its market change as the non-profit and professional services firms it serves are aggressively moving toward cloud-based project accounting and financial management software. By joining the Intacct Business Partner Program, RAFFA expects to expand its market reach with Intacct's market-leading cloud financial software.

"Cloud financial systems represent an inevitable trend that must be supported by forward-thinking consulting firms like ours," said Seth Zarny, RAFFA's Technology Practice Partner. "We are finding that our clients and prospects need the increased flexibility that can be provided by a cloud-based system. After thoroughly evaluating the leading cloud financial solutions on the market, we found that Intacct offered the best combination of functionality and value for our targeted industries."

Established in 1984, RAFFA is a woman-owned firm dedicated to strengthening and supporting the non-profit sector in the greater Washington, DC region and beyond. RAFFA, with more than 250 professionals and 15 partners, is one of the largest and best managed accounting, technology, and consulting firms in the United States. In the past year, RAFFA was named to both Accounting Today's Top 100 Accounting Firms and VAR 100 lists, as well as to Inside Public Accounting's Top 100 Accounting Firms list.

The RAFFA Financial Systems Practice targets non-profits, professional services organizations and federal contractors. In addition to standard financial capabilities, Intacct offers clients in these industries the advanced system functions, processes, and features they need. For example, Intacct has particular strengths in areas including project accounting, grant tracking, multiple currencies and consolidations for multi-entity organizations. Plus, Intacct's rich development tools allow RAFFA consultants to quickly and easily deliver solutions tailored to the individual needs of clients in its target industries.

"We are very excited to add Intacct to our portfolio at RAFFA. It represents a natural fit for our established clients, and offers the ability to expand our reach as we grow our brand," said Glenn Anstead, Senior Manager of RAFFA's Financial System's Practice. "Our technology staff has considerable expertise implementing financial applications, configuring ERP solutions, and providing the added integration solutions required to meet the needs of our diverse clientele - which range from small million dollar operations to much larger organizations. We've been extremely impressed with Intacct and expect this partnership will lead to significant growth in our Financial Systems Practice."

"RAFFA is a rising star and already one of the most respected accounting firms in the country. Its focus on moving non-profits and professional services organizations to the cloud makes the firm a great fit for the Intacct Business Partner Program," said Taylor Macdonald, vice president of Channels for Intacct. "Having partners like RAFFA are critical to maintaining Intacct's rapid growth rates and our ability to serve an ever-expanding universe of clients. We look forward to a long and successful relationship with RAFFA as we help joint clients leverage the unrivaled flexibility, functionality and cost savings Intacct delivers."

About RAFFARAFFA helps nonprofit organizations and businesses build capacity and sustain excellence in all areas of their operation. As one of the 100 largest and best managed accounting, consulting and technology firms in the U.S, RAFFA is committed to developing innovative corporate community involvement strategies that strengthen our nonprofit sector and incite and empower the public, private, and nonprofit sector to form lasting partnerships that will cause positive, systemic change in our communities! www.raffa.com

About IntacctIntacct is the cloud financial management company. Bringing cloud computing to finance and accounting, Intacct's award-winning applications are the preferred financial applications for AICPA business solutions. Intacct applications are used by thousands of organizations from startups to public companies and are designed to improve company performance and make finance more productive. Hundreds of leading CPA firms and Value Added Resellers offer Intacct to their clients. The Intacct system includes accounting, contract management, revenue management, project and fund accounting, inventory, purchasing, vendor management, financial consolidation and financial reporting applications, all delivered over the Internet via cloud computing. www.Intacct.com